California mortgage rates have fallen in 4 consecutive weeks and are on an extended rally that dates back to mid-April. This week, however, data returns and rates could reverse. Especially with inflation numbers are in play.
Archive | Weekly Review
What’s Ahead For California Mortgage Rates: July 6, 2010
Last week — again — California mortgage rates improved and Freddie Mac is now reporting new all-time lows on three popular, conforming loan products. Here’s what’s in store for *this* week.
What’s Ahead For California Mortgage Rates: June 28, 2010
California Conforming and FHA mortgage rates fell last week, extending a rate rally that dates to early-April. Mortgage rates have fallen to several, new, all-time lows during this period and last week was no different.
What’s Ahead For California Mortgage Rates: June 21, 2010
Last week, California rates fell to all-time lows (again) Thursday. By Friday morning, though, pricing was worsening on profit-taking and in preparation for this week — a week that promises to be heavy on both data and rhetoric.
What’s Ahead for California Mortgage Rates: June 14, 2010
Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage rates in California moved higher on the week.
What’s Ahead For California Mortgage Rates: June 7, 2010
Market momentum is currently in the rate shoppers’ favor. We entered the weekend with rates falling and they look poised to open Monday no worse.
What’s Ahead For California Mortgage Rates: May 24, 2010
Mortgage markets improved again last week on worsening news out of Greece and the Eurozone. Then, as contagion mentality set in, U.S. mortgage bonds gained and mortgage rates fell. It’s the 4th straight week in which conforming mortgage rates improved.